India: UltraTech Cement, a subsidiary of Aditya Birla, has purchased a 33% stake in India Cements for US$472m.UltraTech now controls a 55% stake and plans to make an open offer for a further 20% at US$4.66 per share. The transaction, subject to regulatory approvals, values India Cements at approximately US$1.39bn and could increase …
Global Cement News. Subscribe to this RSS feed. Search Cement News. Kyrgyzstan cement production falls in first five months of 2024 19 July 2024 Kyrgyzstan: Cement production in Kyrgyzstan totalled 1.01Mt from January to May 2024, a decline of 5.7% year-on-year from 1.08Mt, according to data from the country's National Statistics Committee ...
Denmark: Aalborg Portland, a Danish cement firm, has completed testing for its second carbon capture pilot plant and will now undergo further trials in Romania and Greece, according to M-Brain News.This plant is a key component of the EU-subsidised ConsenCUS project. A spokesperson for Aalborg Portland said "This experience offers …
Its US sales rose by 17%, with local cement volumes up by 8.3% and concrete volumes up by 5.6% year-on-year, respectively. Meanwhile, its Mexican sales grew by 4%. The price of both cement and concrete rose across both markets. Accordingly, GCC grew its earnings before interest, taxation, depreciation and …
Saudi Arabia: Cement sales in Saudi Arabia recorded a 12.5% increase in April 2024 to 2.92Mt, up from 2.6Mt in 2023, despite the impact of Ramadan. This is according to a report by Aljazira Capital. However, cement exports saw a significant decrease, dropping by 30% year-on-year to 554,000t from 790,000t.
(London: 12 October 2021) Forty of the world's leading cement and concrete manufacturers today join forces to accelerate the shift to greener concrete by pledging to cut CO 2 emissions by a further 25% by 2030, marking a decisive step in the race to 'Net Zero' concrete by 2050. The move by the members of the Global Cement and …
Pakistan: The cement industry reported a decline in overall despatches from 3.23Mt in July 2023 to 3.01Mt in July 2024, marking a 7% year-on-year fall.Domestic despatches decreased by 11%, while exports rose by 22%, according to The News International. A spokesperson for the All Pakistan Cement Manufacturers Association said "Higher …
Published in Global Cement News. Read more... Holcim announces 100–plant predictive maintenance roll-out up to 2028 27 June 2024 . Switzerland: Holcim plans to expand the use of artificial intelligence (AI)-based software at 100 production plants by 2028. The company will use the technology for predictive maintenance, in order to …
Published in Global Cement News. Read more... Dangote Cement raises sales in first nine months of 2023 30 October 2023 . Nigeria: Dangote Cement recorded sales of US$1.9bn during the first nine months of 2023, up by 29% year-on-year from nine-month 2022 levels. The group's sales volumes of cement and clinker both dropped.
The good news is that the cement industry is poised to sustain its gross margin expansion, primarily driven by higher cement prices and significantly reduced fuel costs, despite …
(London: 12 October 2021) Forty of the world's leading cement and concrete manufacturers today join forces to accelerate the shift to greener concrete by pledging to cut CO 2 …
The latest cement news from World Cement magazine a leading cement publication covering industry trends, cement production, product news and special reports.
Philippines: The Cement Manufacturers Association of the Philippines (CEMAP) has warned that cement sector workers could be laid off due to competition from imports from Vietnam. It stated that local demand for cement has fallen and that the production capacity of the cement industry far exceeds expected demand in 2024, …
Australia: The Australian government's Department of Climate Change is receiving public comments on Cement Australia subsidiary Cornwall Coal's plans to open a new coal mine in Tasmania's Fingal Valley, near St Mary's. Local press has reported that the proposed site will operate across three open pits, with a total area of 26ha. The mine …
LONDON--(BUSINESS WIRE)--Forty of the world's leading cement and concrete manufacturers today join forces to accelerate the shift to greener concrete by pledging to cut CO 2 emissions by a ...
Global Cement regularly reports news stories on cement plants that are building photovoltaic solar power arrays. However, so far at least, energy storage projects at scale have been rarer. One earlier example of an energy storage system loosely associated with a cement plant includes the now decommissioned Tehachapi Energy Storage …
China/Taiwan: Asia Cement (China) Holdings will be taken private in a US$647m deal by its majority owner, Taiwan-listed Asia Cement Corp. Asia Cement Corp offers US$0.41 per share for the remaining stakes in its Hong Kong-based unit, marking a 3% discount on the last closing price. Trading in Asia Cement China shares, suspended …
Global Cement News. Subscribe to this RSS feed. Search Cement News. JK Lakshmi Cement to merge subsidiaries 01 August 2024 India: JK Lakshmi Cement board has approved a corporate restructuring to merge three subsidiaries: Udaipur Cement Works, Hansdeep Industries and Trading, and Hidrive Developers and Industries. The …
The move by the members of the Global Cement and Concrete Association (GCCA) marks the biggest global commitment by an industry to net zero so far – …
South Africa: PPC has warned of increased risks from substandard cement in the South African market, advocating for state intervention to protect the local industry from unfair competition.The broader South African cement industry continues to face challenges from dumped imports and locally blended variants, with latest Cement Import …
World: The Global Cement and Concrete Association (GCCA) has signed a new agreement with the China Cement Association (CCA). The agreement constitutes an historic 'partnership pledge' to accelerate cement decarbonisation globally in 2024 – 2026. The partners says that their collaboration will contribute to the development and launch …
By Emir Adiguzel, Director, World Cement Association. A) Market Demand Projections and Regional Dynamics "Global Cement Demand Stagnates" According to On Field Investment Research®, global cement demand is expected to be flat in the period 2024-2030, except for increases in the Middle Easte, India, and Africa. The weakest cement markets are ...
Ghana: A nine-member committee has been established to monitor and coordinate the local cement industry in Ghana, in line with the Manufacture of Cement Regulations (LI 2480).. The committee, inaugurated in Accra on 5 April 2024, is chaired by Professor Alex Dodoo of the Ghana Standards Authority (GSA). Other members include …
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Global Cement Magazine publishes articles on cement technology and production advances, industry news and developments, country reports, market trends and cement prices. The Global Cement Directory is a unique listing of the world's cement plants (including 800 cement plants in China), including capacity and contact details (where …
As with Global Cement Weekly's previous reporting on hydrogen, the jury is still out on whether it is a 'goer' for heavy industry at scale. An executive at Mitsubishi Heavy Industries told a conference in March 2024 that the infrastructure investment to support the use of hydrogen would cost over US$1Tn in the US and Europe alone. The ...
Published in Global Cement News. Read more... CRH's cumulative investments in Ukraine total €465m 08 May 2024 . Ukraine: CRH has invested €465m in Ukraine since entering the country in 1999, €74.5m of it since the start of Russia's invasion in February 2022. CRH Central and Eastern Europe president Guillaume Cavalier noted …
US: Peru-based Unacem recorded a rise in cement sales volumes in its US operations during the second quarter of 2024 to 324,000t, a 96% increase from the same period in 2023.It partly attributed the growth to the addition of the Tehachapi plant in California in August 2023, which contributed 159,000t during the reporting period, …
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Global Cement regularly reports news stories on cement plants that are building photovoltaic solar power arrays. However, so far at least, energy storage projects at scale have been rarer. One earlier example of an energy storage system loosely associated with a cement plant includes the now decommissioned Tehachapi Energy Storage …
